Markets can remain irrational longer than you can remain solvent.

Posted Leave a commentPosted in irrational, market crash, multibagger, profit booking, trim back

Benjamin Graham, the father of value investing, divided investors into two types in his book The Intelligent Investor – defensive and enterprising. The defensive investor, wants to avoid “serious mistakesor losses” and seeks “freedom from effort, annoyance and the need for making frequent decisions.” The enterprising investor, as per Graham, is willing “to devote time […]